While we are not pleased with the short term impact the labor issues have had on our bottom line, our actions are aimed at enhanced global competitiveness of our North American operations,
More Quotes from Alain Belda:
While we are still fighting inflationary pressures, cost increases have slowed from last year, and our restructuring and efficiency initiatives have helped strengthen profitability.Alain Belda
The fourth quarter has proven to be extremely challenging as a result of lower volumes, depressed metal prices, and overall weak downstream markets.
Alain Belda
Looking to the fourth quarter, we expect to continue to benefit from recent acquisitions, our cost reduction program, and the seasonal strength of our packaging and consumer business, ... However, we also expect the softness to continue in the construction, transportation, building and distribution markets and see no relief from the higher energy prices.
Alain Belda
It was a great quarter by any measure. We did not have significant one-time effects as we did throughout the year last year.
Alain Belda
We are focused on managing what is under our control,
Alain Belda
I will not mortgage the future of the company.
Alain Belda
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